Friday, August 24, 2018

Who Killed Toys ‘R’ Us? Hint: It Wasn’t Only Amazon

The Wall Street Journal
On March 15, to the surprise of most people involved, the 70-year-old Toys “R” Us announced it was shutting for good.

Many factors contributed to the retailer’s troubles, including the costs of a leveraged buyout, competition from Amazon.com Inc. and a disastrous Christmas season. What pushed it over the edge, however, was a small group of hedge funds.. . . more